Country Economic Forecasts > Greece

July 2017

13 pages

Oxford Economics

Report ID: 1907565

Summary

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Greece has so far had a productive and busy summer, successfully concluding the negotiations for its long delayed second programme review as well as successfully returning to the bond market in recent weeks. These developments potentially set the stage for Greece to exit from its current adjustment programme this time next year. The hope now is that these positive developments will lead to a marked improvement in business confidence and that Greece will at long last make the first steps on the road to a durable and sustained recovery.

Greece:

The following represents a general Table of Contents outline for the Country Economic Forecast. The actual report may cover any or all of the topics listed below.

Highlights and Key Issues - four/five paragraphs of analysis covering the main economic and political issues contained in the subsequent Economic Overview

Forecast Table showing % changes for the country - with 2 years of historical data and 4 years of forecast data for the following:

Domestic demand

Private consumption

Fixed investment

Stockbuilding (% of GDP)

Government consumption

Exports of goods and services

Imports of goods and services

Unemployment

Consumer prices

Current account balance (US$ and % of GDP)

Government budget (% of GDP)

Short-term interest rates (%)

Long-term interest rates (%)

Exchange rate (vs. US dollar)

Exchange rate (vs. euro)

Economic Overview - two pages of events-driven analysis highlighting the most recent economic activity and, where relevant, political developments of the country, detailing significant changes to Oxford Economics' forecasts

Charts and Tables - covering a full range of economic developments relevant to the time period covered. These could include such topics as:

Contributions to GDP growth

Monthly industrial output

Business and consumer confidence

Unemployment rate

Retail sales

Prices and earnings

Consumption and investment

Government balance and debt

GDP and industrial production

Monetary policy and bond yields

Background Information on the country

One or two pages of text covering the main historical political and economic factors that determine the country's current position

Key Facts on the country

Map of the country

Key political facts

Long-term economic and social development - changes since 1980

Structure of GDP by output - latest year

Long-term sovereign credit ratings and outlook

Corruption perceptions index- latest year

Structural economic indicators - changes since 1990

Destination of goods' exports -prior years - latest year

Composition of goods & services exports - latest year

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